Risk Analyst - London, United Kingdom - RWE Supply & Trading GmbH

Description

(Senior) Risk Analyst (m/f/t) Risk Governance

Standort(e):
London, City of London, GB, EC2R 8HP

RWE Supply & Trading GmbH

To start as soon as possible, Full time, Permanent

Your future plans

The Risk Governance team is a central team within Risk, working closely with the desk facing Risk teams and providing key reporting tools to the Chief Risk Officer and RWE Supply & Trading GmbH (RWEST) Board.

As a member of the team, you will have the opportunity to learn and understand how Risk Governance supports senior management in their decision making by providing key reporting tools, ranging from monthly stress test reports, market risk limit framework to operational reporting of material risks.

The team is also the owner and developer of the global risk reporting system, ROCK, working closely with the desk facing Risk teams and IT to ensure harmonised reporting across all business units.

The team has a strong cross collaboration with departments across RWEST, providing a very good opportunity to get to know the RWEST business, whilst being involved in several business decisions.

Monitoring and managing of market risk exposures and stress tests on company level
Generating and reporting the weekly and monthly market stress test report for RWEST which is one of the key tools used by the Board to manage the risk appetite of the company
Analyses company-wide extreme commodity and spread scenarios for up and down price shocks and challenges the company strategies
Supporting global market risk limit management
In addition to a comprehensive annual review, contributing to the continuous development of the RWEST market risk limit framework
Supporting the desk facing Risk teams with new / altered limit requests for Board approval by acting as the gate keeper
Business analysis for ROCK
Clarifying specifications, facilitating reconciliations and user acceptance testing
Driving forward the development of ROCK by managing business change requests, setting priorities for implementation and ensuring a harmonized risk reporting across all business units
Managing operational risks for RWEST
Monitoring and reporting of operational risks, key risk indicators and incidents
Driving project-like investigations with in depth analysis and risk assessment
Deriving risk mitigation actions / recommendations and status tracking
Desk-specific analysis of Front Office KRIs vs defined thresholds to ensure adequate deal capturing processes / systems and to prevent potential fraudulent activities
Contributing to RWEST's internal control system (ICS) monitoring by defining internal control processes and countermeasures to mitigate and finally prevent a re-occurrence of risks
Maintaining a comprehensive ICS for RWEST, identifying and mitigating control gaps that can affect the realisation of company objectives
Regular monitoring of the ICS effectiveness and closure of audit findings
Being the interface for internal and external audit

Key interfaces are the desk-facing Risk Controlling teams, FO, IT, New Business Office and Audit.

Your powerful skills

Degree level, preferably in the field of Business Administration, Economics, Maths,Science, or closely related
Understanding of commodity trading, trading lifecycle, physical and/or financial trading instruments, and related processes in front, middle and back office
Some experience of deal modelling, option theory, finance and accountingprocesses
A mentality for challenging and improving existing processes
Evidence of managing relationships with colleagues and stakeholders, in order to ensure good collaboration and negotiated deliverables
Good verbal and written communication skills in English; ability to summarisecomplex topics

Advantageous, but not a must

Experience of operational risk management and/or ICS monitoring would be beneficial
Intermediate to strong knowledge IT systems and databases, especially OpenLink Endur and MicroStrategy

Benefits you can rely on

A friendly team with strong focus on support and development of each other
Day to day interactions with a variety of stakeholders across RWEST incl. FO and senior management
Real responsibility and opportunities to make a difference from the start
Opportunity to develop yourself to your full potential in an exciting, fast-paced environment

Any questions? Pia König (Recruiting), , Demet Deniz (specialist department),

We look forward to meeting you

Of course, you can find us on LinkedIn, Twitter and Xing, too.